Post by
KozmoT on Jan 21, 2022 6:42pm
The BSers also included in the last NR the following...
"The Company continues to work with Yunify Natural Technologies, a Quebec based health and personal care research and innovation company to develop proprietary products for West Island including topicals and ionic mists. Through its acquisition of Trichome Treats, an award winning chocolatier, the Company intends on introducing edibles into the West Island product mix."
Now the truth ...
Yunify ... "As at September 30, 2021, the investment is being reported at a $1 nominal value based on management’s estimate of its fair value."
Trichome Treats ... "During the year ended December 31, 2020, management wrote down the full balance of intellectual property to $nil, given the Company halted its development of edible cannabis infused products and, therefore, such intellectual property provided negligible value to the Company"